Using a move SEP to switch Med Supp carriers with GI

[tcianflone]

I have never used a change in address (move) SEP to to do this. I have used move SEPs to switch people from MAPD to Original Medicare with a med supp being available GI because of the move. But what if a client has a med supp already, but they bought it in a high premium zip code. Now, they move to an area where med supps are available at a much lower premium. Can I use the move SEP to put them with another med supp carrier using the GI right from the move?

 

[rmhaire]

I have never used a change in address (move) SEP to to do this. I have used move SEPs to switch people from MAPD to Original Medicare with a med supp being available GI because of the move. But what if a client has a med supp already, but they bought it in a high premium zip code. Now, they move to an area where med supps are available at a much lower premium. Can I use the move SEP to put them with another med supp carrier using the GI right from the move?

Supplements don't have SEPs.

 

[tcianflone]

Supplements don't have SEPs.

Of course, that's the answer. D-oh! I'd just never thought it through.

 

[kak6407]

I have never used a change in address (move) SEP to to do this. I have used move SEPs to switch people from MAPD to Original Medicare with a med supp being available GI because of the move. But what if a client has a med supp already, but they bought it in a high premium zip code. Now, they move to an area where med supps are available at a much lower premium. Can I use the move SEP to put them with another med supp carrier using the GI right from the move?

As rmhaire said this isnt an SEP. however if they are with Humana then Humana can do this internally. I lost a client this way. she was most definitely uninsurable and she let me know she called Humana and they moved her to the Achieve plan (she went from TX to SC) and she is now a house account. I thought they pulled some weird shenanigan's but then Fred Ross, President of Medicare Supplements with Humana, on one of the FB groups confirmed they do this. I was shocked

I know this doesn't help you because you would lose a client (I am not sure if an agent can initiate this and retain AOR...I may have to look into that)

 

[annon123]

As rmhaire said this isnt an SEP. however if they are with Humana then Humana can do this internally. I lost a client this way. she was most definitely uninsurable and she let me know she called Humana and they moved her to the Achieve plan (she went from TX to SC) and she is now a house account. I thought they pulled some weird shenanigan's but then Fred Ross, President of Medicare Supplements with Humana, on one of the FB groups confirmed they do this. I was shocked

I know this doesn't help you because you would lose a client (I am not sure if an agent can initiate this and retain AOR...I may have to look into that)

Did they switch her maybe she had a higher tier premium because they knew she failed medical underwriting (and had a complete history in their records about her) but they kept her with a tier 2 premium? Then that might make sense.